Independence Group Sustainability Report 2019

ABOUT IGO’S SUSTAINABILITY AND RISK COMMITTEE The Sustainability and Risk Committee has oversight responsibilities for safety, health, environment, community, risk management and internal audit. Sustainability related initiatives, performance measures against key performance indicators (KPIs), operational matters and issues relating to stakeholders are brought to the attention of the Sustainability and Risk Committee through quarterly meetings held with the Executive Leadership Team. At the end of FY19, its members were: • Peter Buck (Chair) • Debra Bakker • Keith Spence • Neil Warburton GOVERNANCE The IGO Board Responsibility for IGO’s strategic approach, risk appetite and governance lies with IGO’s Board and Executive Leadership Team. Details of IGO’s Board members are published in IGO’s Annual Report. IGO’s Board defines, approves and monitors a clearly articulated and documented governance framework. The framework provides strategic guidance and appropriate delegation of authority such that there are clear accountabilities for regulating activities, including performance and risk management, and business improvement. The Board recognises the need to regularly review the framework as best practice evolves over time. Four committees assist the Board in these activities: • Sustainability and Risk Committee • People and Performance Committee • Audit Committee • Nomination and Governance Committee The Board and each committee have a defined charter, all of which can be found on our website at www.igo.com.au . IGO completes an annual review of governance documents to ensure they are kept up to date and in line with best practice. These documents include: • IGO Code of Conduct • Dealing in Securities Standard • Continuous Disclosure and Information Standard • Whistleblower Standard • Anti-Bribery and Corruption Standard • Diversity and Equal Opportunity Standard • Privacy Standard IGO Group’s Governance Standards can be found on our website. Annually, IGO issues a Corporate Governance Statement to the ASX outlining the Company’s current corporate governance framework. The statement provides comparative reference to the Corporate Governance, Principles and Recommendations of the ASX Corporate Governance Council (ASX Recommendations). This Statement can be found on our website. During the FY19 reporting period, the Company’s corporate governance practices have complied with the ASX Recommendations in their entirety and the Board has made appropriate statements reporting on the adoption of each of the recommendations. Remuneration arrangements for the Board are comprehensively described in IGO's Annual Report. Executive Leadership Team Responsibility for IGO’s business processes and sustainability performance lies with the Managing Director and Chief Executive Officer, Mr Peter Bradford, and IGO’s Executive Leadership Team. The structure of the Executive Leadership Team is presented in IGO’s Annual Report. All IGO employees are accountable for contributing to the creation of value and enhancing our sustainability within their particular area of responsibility. IGO’s remuneration arrangements, including incentive payments, are variously applied to all IGO employees. The Managing Director and Chief Executive Officer’s performance is measured against metrics relating to financial and operational performance, the execution of our growth strategy and the sustainability of our performance. Remuneration arrangements for the Executive Leadership Team are comprehensively described in IGO’s Annual Report. 22 — IGO SUSTAINABILITY REPORT 2019 SECTION 2 BUSINESS INTEGRITY